EBRI Fast Facts

Retirement Plan Participation, by Race/Ethnicity, 2023

Feb 20, 2025 6  pages

Summary

The Current Population Survey (CPS) is a valuable source of data because it provides worker-level demographics, making it possible to determine differences in employment-based retirement plan participation by worker characteristics. This Fast Fact examines the CPS data to see how plan participation differs by race/ethnicity, and how those differences are affected by other socioeconomic and demographic variables like income, age, educational status, gender, and employer size.